The agreement will see Winkler become a key distribution partner for Krone’s Genuine Parts range, improving availability and delivery times of critical trailer components to end customers.

This marks a key milestone for Ceres, as it signals the first royalty-generating manufacturing of its high-efficiency fuel cell stacks in Asia.

The first half of 2025 saw electric bus sales in Brazil increase by 141% to 306 units compared with 127 units in the same period in 2024.

The result of this partnership is a bespoke lightweight, recyclable motor that is now a commercial product for trailer electrification.

As a subsidiary of Daimler Truck, this fits into the parent company’s broader hydrogen strategy to develop infrastructure that supports the rollout of Daimler Truck's GenH2.

The acquisition supports Phinia’s strategy to expand into carbon-neutral and carbon-free fuel technologies. SEM was previously owned by Swedish Electromagnet Invest AB, majority held by Procuritas Capital Investors V L.P.

The move forms part of a broader strategy to decarbonise road freight and make zero-emission trucks more cost-competitive with diesel models. The proposal must be approved by the European Parliament and the Council of the EU. A final vote is expected by early 2026, following ongoing consultations.